Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wheels IndiaNSE:WHEELS +0.16%62 EV-to-EBITDA is 10.43 as of Sep. 04, 2026, which is 18% above its 10-year median of 8.81. GuruFocus rates NSE:WHEELS with a GF Score™ of 62/100 and a GF Value™ of ₹969.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,150 Vehicles & Parts companies, Wheels India ranks worse than 55.22% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Wheels India's enterprise value is ₹48,219 Mil.
Wheels India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹4,623 Mil. Therefore, Wheels India's EV-to-EBITDA for today is 10.43.
The historical rank and industry rank for Wheels India's EV-to-EBITDA or its related term are showing as below:
NSE:WHEELS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.7 Med: 8.81 Max: 34.89
Current: 10.43
During the past 13 years, the highest EV-to-EBITDA of Wheels India was 34.89. The lowest was 3.70. And the median was 8.81.
NSE:WHEELS's EV-to-EBITDA is ranked worse than 55.22% of 1150
companies
in the Vehicles & Parts industry
Industry Median: 9.175
vs NSE:WHEELS: 10.43
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Wheels India (NSE:WHEELS) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Wheels India's PE Ratio (TTM) for today is calculated as:
Wheels India's share price for today is ₹1654.40.
Wheels India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹66.900.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Wheels India's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:WHEELS vs ORLY, AZO, GPC: EV-to-EBITDA Comparison
For the Auto Parts subindustry, Wheels India's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wheels India EV-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Wheels India's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wheels India's EV-to-EBITDA falls into.
Wheels India's current Enterprise Value is ₹48,219 Mil.
Wheels India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,623 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wheels India (NSE:WHEELS) has a EV-to-EBITDA of 10.43 as of Sep. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Wheels India. This is 18% above median its historical median of 8.81. Over the past decade, Wheels India's EV-to-EBITDA has ranged from 3.70 to 34.89. According to the industry distribution chart, Wheels India ranks #635 out of 1150 companies in the Vehicles & Parts industry, placing it in the top 55.2%.
Is Wheels India's EV-to-EBITDA too high?
Wheels India's current EV-to-EBITDA of 10.43 is 18% above median its 10-year median of 8.81. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 34.89. The Vehicles & Parts industry median EV-to-EBITDA is 9.18. Wheels India's value of 10.43 is 13.7% above this industry median. Based on the distribution chart, Wheels India ranks #635 out of 1150 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Wheels India has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wheels India's EV-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wheels India ranks #635 out of 1150 companies for EV-to-EBITDA. This places Wheels India in the lower half of its industry. The industry median EV-to-EBITDA is 9.18. Wheels India's value of 10.43 is 13.7% above this benchmark. Historically, Wheels India's own EV-to-EBITDA has ranged from 3.70 to 34.89 over the past decade. While the company's 10-year median is 8.81 vs. the industry median of 9.18, Wheels India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 9.18, based on 1,150 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wheels India's current EV-to-EBITDA of 10.43 is 13.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Wheels India. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels India's current EV-to-EBITDA is 10.43, which is 18% above median its own 10-year median of 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheels India stock overvalued right now?
Based on GuruFocus' analysis, Wheels India (NSE:WHEELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹969.18, compared to a current price of ₹1,654.40 — trading 70.7% above its estimated fair value. The current EV-to-EBITDA is 10.43, which is 18% above median its 10-year median of 8.81 and 13.7% above the Vehicles & Parts industry median of 9.18. Wheels India's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Wheels India (NSE:WHEELS), the current EV-to-EBITDA is 10.43 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wheels India (NSE:WHEELS) Overvalued in 2026?
Based on GuruFocus' analysis, Wheels India stock appears to be overvalued.
The current stock price of ₹1,654.40 is trading 70.7% above its estimated GF Value™ of ₹969.18.
GuruFocus considers Wheels India to be Significantly Overvalued.
Key valuation signals for NSE:WHEELS:
EV-to-EBITDA: 10.43 (18% above median its 10-year median of 8.81)
GF Value™: ₹969.18 vs. price of ₹1,654.40 (70.7% above fair value)
Industry Position: 13.7% above the Vehicles & Parts median (#635 of 1150)
No single metric tells the full story. See the NSE:WHEELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into the Automotive Components and Industrial Components segments. The automotive components segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors, and construction equipment; however, the group is also engaged in the manufacturing of suspension products for the vehicles. The industrial components segment includes components and structures for windmills, railways, and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.
62GF Score
Get the complete analysis for NSE:WHEELS
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:WHEELS has been successfully added to your 
